Avanse Financial Services

Consumer Finance · Mumbai, India · Founded 1992 · Privately Held (backing)

Operator of an education-focused non-banking financial company (NBFC) intended to provide affordable education financing for every deserving student. Avanse Financial Services is based in Mumbai, India and was founded in 1992. Its last reported valuation was $963 million in Feb 2024. It has raised $793 million across 2 recorded rounds; the latest was a $133 million growth round in Jan 2026.

Last reported valuation
$963.4M
Oct 2026
Priced at
—
Total raised
$792.5M
Last round
PE Growth/Expansion
Jan 2026

Avanse Financial Services key facts

as of Oct 2026
  • Operator of an education-focused non-banking financial company (NBFC) intended to provide affordable education financing for every deserving student.
  • Avanse Financial Services is valued at approximately $963.4M as of Oct 2026 (last reported valuation).
  • It has raised $792.5M across 2 recorded rounds; the latest was PE Growth/Expansion ($133.3M) in Jan 2026.
  • Notable investors include Mubadala Investment Company, International Finance (Washington D.C.), Warburg Pincus, Avendus Capital, Kedaara Capital — 6 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$963.4M

Avanse Financial Services's last reported valuation, Feb 2024. Nothing priced has surfaced since.

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Avanse Financial Services funding rounds

2 rounds
Jan 2026PE Growth/Expansion$133.3M▮
Feb 2024PE Growth/Expansion$132.5M▮

Avanse Financial Services valuation

Avanse Financial Services's last reported valuation was $963 million in Feb 2024. No priced round, secondary trade or fund mark has surfaced since.

How much has Avanse Financial Services raised?

Avanse Financial Services has raised $793 million in total; 2 of its rounds are on record. The largest on record was a $133 million growth round in Jan 2026.

Avanse Financial Services investors

6 investors are on record for Avanse Financial Services, including Mubadala Investment Company, International Finance (Washington D.C.), Warburg Pincus and Avendus Capital. The growth round in Jan 2026 drew 2 investors.

Comparable companies

Comparable consumer finance names by valuation on PrivateMarketView: Upgrade ($7.3 billion), Creditas ($3.3 billion) and Abhi ($107 million).

About Avanse Financial Services

Operator of an education-focused non-banking financial company (NBFC) intended to provide affordable education financing for every deserving student. The company offers education loans through its online platform for students pursuing higher education in India or studying abroad and assists in offering financial support that is designed to cover the entire course fees and living expenses, with no cap on the loan amount, enabling students to pursue their dream studies.

Industry
Consumer Finance
Sector
Financial Services
HQ
Mumbai, India
Founded
1992
Employees
672
Ownership
Privately Held (backing)

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